116 W Elder AveKelloggID83837
INVESTMENT ANALYSIS
Investment Verdict
Appreciation PlayYield and appreciation often trade off, and at 116 W Elder Ave, Kellogg, ID, 83837 in Kellogg the bet is firmly on appreciation. Rental yield 4.08%. The 4.08% gross yield on a $459,000 price is below income-first thresholds, but 5%/yr value growth projects $126,813 in equity by year five. Ziffy Mortgage's non-U.S. DSCR mortgage (0.76) finances the acquisition on rental income alone. A larger down payment (30–35%) reduces monthly debt service and tightens the spread. Total projected cumulative return: $103,696.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 4.1% | 5.2% |
| Monthly Cash Flow | $(1,081) | $300 |
City averages based on Kellogg market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,560 |
| Total Monthly Debt Service | $2,458 |
| DSCR Ratio | 0.63x |
Ziffy Mortgage typically prefers a DSCR of 1.0+, but in some cases you may qualify with a DSCR below 1. To explore if this deal qualifies for an investment mortgage, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1950
10,454 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 83837, Kellogg, ID area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,679 (100%) |
| Owner Occupied HU | 900 (53.6%) |
| Renter Occupied HU | 542 (32.3%) |
| Vacant Housing Units | 237 (14.1%) |
| Median Home Value | $288,426 |
| Average Home Value | $302,119 |
Housing Distribution
Address Breakdown
Residential
1,366
Single Family
1,246
Multi-Family
120
Businesses
200
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Single Family
Built in 1950
10,454 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 83837, Kellogg, ID area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,679 (100%) |
| Owner Occupied HU | 900 (53.6%) |
| Renter Occupied HU | 542 (32.3%) |
| Vacant Housing Units | 237 (14.1%) |
| Median Home Value | $288,426 |
| Average Home Value | $302,119 |
Housing Distribution
Address Breakdown
Residential
1,366
Single Family
1,246
Multi-Family
120
Businesses
200
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Karen Hulstrom • Silver Legacy Realty
Mls Name: Coeur d'Alene MLS
Mls Provider:
Mls ID: #25-2037
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.